Coinbase Founder: The Crazy Journey Of Building A $100 Billion Company: Brian Armstrong

Everybody I talked to actually thought it's a bad idea. Like any reasonable person would have quit. I was filled with self doubt. And then Coinbase was valued at a billion dollars. Crazy. Brian Armstrong, CEO, co-founder of Coinbase. The largest US cryptocurrency exchange. I saw technology as a way to try to have a big impact on the world. If the thing that got you started in the first place was like fear. Like fear of never being important or fear of never feeling fulfilled. You're just gonna give up. Cryptocurrency is the biggest transformation of money since the invention of paper. Coinbase was being deemed the most trustworthy brand in crypto. It tipped at a certain point from like, oh this growth is really good to Okay, things are getting a little crazy here. If you kinda more than double a company in a year, you're really gonna start to see a lot of stuff break. Morning, Coinbase just telling employees in an email that it plans to lay off 18% of its workforce.

We had never done a layoff before, I had never done one. I remember I went up in front of the company And my voice Cracked. I mean it was awful. Oh man.

I actually think Coinbase is in deep trouble here. And let me tell you why. The pressure. and the scrutiny and the headlines. How are you dealing with your emotions? It's getting very personal. It's a real superpower to like care less what other people think.

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